Ryan Bourne and Diego Zuluaga come back to the show to talk about how fiscal and monetary policy are changing drastically to respond to COVID-19. We are operating in a world of radical uncertainty. We are still unsure of how many people have been infected by the novel coronavirus. Every uncertainty affects how the stock market responds. However, it is reasonable to expect the American economy to boom back strongly in 1-3 years.
How is the COVID-19 recession different than the 2007-2009 financial crisis? What industries are hurt the most by COVID-19? How do you define an economic recession? Is the market a discovery mechanism? Should individuals receive direct support from the government?
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